Fujikon Industrial Holdings Reports 6.7% Revenue Decline and HK$36.1 Million Loss; EPS Drops to HK8.5 Cents

Reuters
Yesterday
Fujikon Industrial Holdings Reports 6.7% Revenue Decline and HK$36.1 Million Loss; EPS Drops to HK8.5 Cents

Fujikon Industrial Holdings Ltd. announced its annual results for the year ended 31 March 2025, reporting a revenue of HK$925.6 million, a decline of 6.7% compared to the previous year's HK$992.5 million. The company experienced a significant turnaround in its financial performance, with a loss attributable to equity holders amounting to HK$36.1 million, in stark contrast to a profit of HK$17.2 million in 2024. The gross profit margin improved to 26.6%, up 8.9 percentage points from 17.7% the previous year, driven by reversals of inventory obsolescence and warranty provisions totaling approximately HK$37.3 million. Despite the losses, Fujikon has managed to maintain strong relationships with its customers and continues to collaborate on new project developments. The company did not provide specific guidance or outlook for future periods.

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